1 Cent Coins from 1920-1929
The one cent coin has been in existence in Canada since 1858. The coin was first minted in London by the Royal Mint as well as the Heaton Mint of Birmingham. The coin began with a size of 25.4 millimeters and weight of 4.54 grams and has changed sizes over the years but only in small degrees. With all one-cent coins, the obverse side would depict the image of a Canadian monarch, the reigning individual at the time that the coin was issued. On the reverse side, varying images were added with most including the maple leaves, a staple image of Canada.
1920 to 1929
The time frame of 1920 to 1929 is when small changes were made to the one cent coin of Canada. The country had already seen three monarch changes with the coins first showing the image of Queen Victoria and then later Edward VII and George V. In this decade, the one cent coin would continue to feature the likeness of George V.
1920 Changes
In the year 1920, the government of Canada decided to do a cost reduction of producing coins by stopping the creation of large cents. Large cents were based on the British half pennies standard. The Royal Canadian Mint would start making small cents of like weight that the American version was based on.
When the coins were changed to small cents, the particular obverse design took on a slightly different look. This time the design was created by E.B. MacKennal. The designer would include his initials, B.M. on the bust on the coin. Fred Lewis would design the reverse side with the alloy consisting of 3% tin, 95.5% copper, and 1.5% zinc, a slight change from the previous minting. The weight of the coin would be 3.24 grams having a 19.05mm diameter.
Distinct Coins from 1920 to 1929
After the changes made in 1920, there were very little significant changes heading into the next decade. In 1923, the one cent coin was minted at just over one million coins which to date is the second smallest mintage of small cents. In 1925, the one cent coin was also produced in smaller quantities at over just one million. This was the lowest mintage of the coin coming in at around 20,000 less coins than those produced in 1923.
The 1925 one cent piece can actually be worth quite a bit when you consider the actual monetary value of the coin is one cent. Certain mints of the coin with a particular grading can be worth anywhere from $20 to $42. If you were to come across a 1925 one cent coin of Canada, it is recommended that the coin be appraised to ensure the value.
The 1929 minting of the one cent coin is perhaps the most unique. There are three position varieties of the final 9 of the 1929 on this coin. It is common to find this coin with a low or middle 9 however, finding one with a high 9 is rare. The high 9 top is higher than the 192 portion of the year. The difference is very slight and can be unseen by the untrained eye. Have 1929 one cent coins appraised to see if you have the rarest coin in your possession.
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